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Patch: Bank Of America Offers Detroiters Zero down, Zero Closing Mortgages

Patch, September 2, 2022, Bank Of America Offers Detroiters Zero down, Zero Closing Mortgages

Moreover, a separate study found an alarming increase in the number of loan records that lacked demographic data on race and ethnicity. Furthermore, the National Community Reinvestment Coalition found that Black and Hispanic borrowers bought less valuable homes than White (and some Asian) borrowers, and they paid more to do so.

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